The 5 Best Dividend Stocks to Buy Now
Dividend stocks are often considered slow-growth investments since companies generally start paying dividends only after they run out of places to invest their excess cash. Many Dividend stocks also lost their luster in 2022 and 2023 as rising interest rates made risk-free CDs and U.S. Treasury bills more appealing to income investors.
But as interest rates declined in 2024, many investors rotated back toward dividend stocks. The Federal Reserve is also expected to cut its rates at least one or two more times this year. As those rates come down, even more investors should rush back to high-yielding dividend stocks.
Let's take a closer look at five reliable blue chip dividend stocks that are worth buying before that shift occurs: Coca-Cola (NYSE: KO), Altria Group (NYSE: MO), International Business Machines (NYSE: IBM), Cisco Systems (NASDAQ: CSCO), and Realty Income (NYSE: O).
Source Fool.com
Cisco Systems Inc. Stock
With 39 Buy predictions and not a single Sell prediction Cisco Systems Inc. is an absolute favorite of our community.
As a result the target price of 65 € shows a slightly positive potential of 11.76% compared to the current price of 58.16 € for Cisco Systems Inc..
